Property profile

78611 Hwy 111 La Quinta, CA 92253

OFF-MARKET
Turn key restaurants
Property ID
US09-5205510
3,755 SF 1.36 ac lot Built 2016
Individually Owned 10-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2016
Construction WOOD
Total area 3,755 SF
Lot 1.36 ac (59,241 SF)
Zoning code CPS
APN 643-220-027
UPID US09-5205510

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

78611 Hwy 111 La Quinta, CA 92253-2068
La Quinta metro Census 45129 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$2.18M

Owner & transaction history

since 2015
5 recorded transactions
2015
$4.1M
2015
Price N/A
2015
$4.2M
2013
$3.6M
1969
Price N/A

Zoning & alternative use

CPS · La Quinta, CA
Top alternative use upside
Neighborhood: shopping center $3.2M +38.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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